The Southwest Florida housing market continues to demonstrate steady transactional activity across both single-family residential communities and condominium developments. During the past week, Naples recorded 172 completed residential closings, totaling more than $224.7 million in real estate volume.

Below is an analysis of how single-family homes and condominiums performed in the local market.

Single-Family Home Segment

The single-family sector saw 94 homes change hands last week, driven by significant demand in both mid-tier suburban neighborhoods and ultra-luxury coastal enclaves.

Metric	Single-Family Performance
Total Closed Sales	94 properties
Median Sold Price	$787,500
Average Sold Price	$1,851,554
Median Days on Market	72 Days
Median Sale-to-List Ratio	94.7%

Notable Single-Family Closings

Luxury real estate activity remained robust, highlighted by a notable transaction at 3220 Rum Row in Port Royal, which closed for $40,180,000. Additional significant closings took place in Olde Naples ($15,100,000) and Sabre Cay ($10,950,000).

Condominium & Villa Segment

The condo and attached villa market maintained steady turnover with 78 completed sales, representing a total sales volume of $50.69 million.

Metric	Condo & Villa Performance
Total Closed Sales	78 properties
Median Sold Price	$346,000
Average Sold Price	$649,865
Median Days on Market	89 Days
Median Sale-to-List Ratio	94.2%

Notable Condo Closings

High-rise luxury units along the Gulf coast saw continued interest, led by a sale at Mystique in Pelican Bay for $7,600,000. Other top condo sales occurred in Salerno at Bay Colony ($3,107,000) and Le Ciel Venetian Tower in Park Shore ($2,725,000).

Market Summary & Takeaways

• Pricing Strategy: Across both property categories, homes sold at a median of 94% to 95% of their asking price. Homes priced accurately in line with current comps continue to attract active buyers.
• Pace of Sales: Single-family homes spent a median of 72 days on the market, whereas condominium properties averaged 89 days.

Whether you are looking to purchase a home in Naples or planning to list your property, working with experienced local advisors ensures you make informed financial decisions.

Explore active listings and local market data at bowersgroupnaples.com.